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Lawrence Journal World in Lawrence, Kansas

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Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Jun 27, 2001

Page

11

Bear Stearns names Cayne as chairman succeeding Greenberg

Bear Stearns announced Alan Ace Greenberg will step down as chairman and James Jimmy Cayne will become chairman while retaining his role as chief executive. Cayne joined as president in 1985 and became CEO in 1993. Greenberg has led the firm since its 1985 public debut.

Bear Stearns & Cos Alan “Ace” Greenberg James Jimmy Cayne Cayne Greenberg Bear Stearns

Morris Communications to sell four newspapers

Morris Communications announced the sale of four community newspaper properties The Examiner in Blue Springs and Independence Missouri The Newton Kansan and The Oak Ridger in Oak Ridge Tennessee plus Town Country News in Oak Grove Missouri. The group also owns the Topeka Capital Journal and other media interests.

Morris Communications Corp The Examiner Blue Springs Independence Newton Kansan Oak Ridger Oak Ridge Tenn Town & Country News Oak Grove Morris Topeka Capital Journal

Signs of economic rebound amid mixed data

A trio of Tuesday reports showed consumer confidence rising to 117.9 in June, durable goods orders up 2.9 percent in May, and new home sales increasing 0.8 percent to a 928,000 annual rate. Economists cautioned the improvement may be limited, with Greenspan and others noting questions about sustainability.

Washington Sung Won Sohn Wells Fargo Federal Reserve Open Market Committee Fed Conference Board Joel Naroff Naroff Economic Advisors Alan Greenspan National Association of Manufacturers Jerry Jasinowski

Blue chips fall on profit warnings and Fed rate hopes

Blue chips declined for the third straight session as profit warnings and layoffs hit amid the Fed rate decision. Merrill Lynch tumbled after warning Q2 profits to 52-57 cents and cutting 3,300 jobs. Dow closed down 31.74 at 10,472.48 with Soft tech gains from Microsoft Intel Oracle helping cushion losses.

New York Merrill Lynch Federal Reserve Hugh Johnson First Albany Corp Wall Street Outback 3Com International Dow Industrial U.S Gary Kaltbaum Edge Partners Microsoft Intel Oracle Larry Ellison CNBC

Pest control pro Mark Lillis finds problem solving at Schendel

Staff Reports profile of Mark Lillis a 39 year old sales consultant with Schendel Services in Lawrence details his three years with the firm his focus on identifying pest problems and delivering safe effective remedies for residential commercial and industrial settings. He says his favorite part is solving the client’s problem and notes crawl spaces are the toughest area. Lillis and his family including wife Fawnna and daughter Harmony value family time and fishing golf and football. He cites a teaching philosophy learned from cooking and restaurant years and quotes a line about fish feeding for life. Contact is Mark Fagan at 785 832 7188 or mfagan ljworld.com for area business stories.

Fawnna Harmonie Emporia State University Mark Fagan Mfagan Ljworld.com

Local Market Prices And Commodity Quotes Snapshot

Ottawa Cooperative Assn and various elevators report grain prices Wheat 2.60 to 2.63, corn 1.55 to 1.58, milo 1.55 to 1.60, soybeans 4.31 to 4.35. USDA loan payments listed for corn oats soybeans milo. Live animal prices and weights shown with mixed lean percentages. Nonferrous metal and precious metal spot prices across New York and London markets.

Ottawa Cooperative Assn Ottawa Milo Edgerton Overbrook Midland Lawrence USDA New York London N.Y Handy & Harman N.Y. Mere

Also Mentioned on This Page

Morris Communications American Airlines Feds Justice Department Department Federal District Court Wichita American Dallas-Fort Worth International Airport Kroger Kroger Co Joe Pichler Kansas University Dillons Conferenceboard.org Census. Gov Schendelpest Com Mark Lillis Olathe Schendel Services Ponderosa Drive Lillis St. Joseph Totyn Sunflower Cablevision Riverfront Plaza Ste. 30 ELC
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